Three-week-old resistance-time continues to restrict the pair’s upside. Latest lows can offer strong downside support ahead of highlighting January’s bottom. Despite bounce off during late last week, the AUD/JPY pair… Read more »

AUD/USD sits in between both key hourly moving averages currently ForexLive The aussie opened with a gap higher today as the election result was more friendly with the incumbent government… Read more »

Sustained momentum strength indicates the pair’s ability to confront near-term important resistance. The further upside seems doubtful considering RSI and repeated failures to cross resistance-line. Having bounced off the 50%… Read more »